Tag

Stelara

All articles tagged with #stelara

FDA Approves Amgen's Biosimilar for Multiple Inflammatory Diseases, Including Psoriasis
health2 years ago

FDA Approves Amgen's Biosimilar for Multiple Inflammatory Diseases, Including Psoriasis

The FDA has approved Wezlana (ustekinumab-auub) as an interchangeable biosimilar to Stelara (ustekinumab) for the treatment of multiple inflammatory diseases, including plaque psoriasis, psoriatic arthritis, Crohn's disease, and ulcerative colitis. This approval provides additional safe and effective treatment options for patients managing these conditions and has the potential to increase access to medication at potentially lower costs. Wezlana has been shown to be highly similar to Stelara in terms of safety and effectiveness, and it may be substituted for the reference product without consulting the prescriber, similar to how generic drugs are substituted for brand name drugs.

business2 years ago

Johnson & Johnson's Strong Q3 Results Drive Profit Outlook and Stock Surge

Johnson & Johnson has raised its 2023 profit forecast due to strong demand for its anti-inflammatory drug Stelara and a $21 billion gain from the spin-off of its consumer health unit. The company's third-quarter sales exceeded analysts' estimates, with Stelara bringing in sales of $2.86 billion. However, the drug is set to face competition from copycat versions in 2025. Sales of Johnson & Johnson's medical devices unit fell short of expectations, impacted by a slowdown in demand for certain procedures and increased competition. The company now expects an adjusted profit of $10.07 to $10.13 per share for 2023.